Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The US decision sent oil futures surging Wednesday as traders digested the likely consequences.
Read More »Saudi Arabia. Other Producers to Ensure Market Stability amid Iran Sanctions
Oil Biggest Weekly Rise in a month as Iran Sanctions Loom
Saudi Arabia is ready to offset any supply shortage but it will not act alone to fill the gap.
Read More »Saudi Arabia Ready to Lessen Impact of Iran Oil Sanctions
After the last round of sanctions were announced in 2011. Saudi Arabia boosted its production.
Read More »Falih Visits South Korea’s Atomic Energy Research Institute
Saudi Arabia has received requests for information from five countries — South Korea. China. US. France and Russia — to build two nuclear reactors.
Read More »Saudi Arabia Wants Higher Prices to Kick Oil Addiction
The government has announced big ambitions to transform the economy by diversifying away from oil.
Read More »Saudi Arabia Wants Higher Prices to Kick Oil Addiction
The government has announced big ambitions to transform the economy by diversifying away from oil.
Read More »IMF Warns Arab States over Complacency over Debt
MENA countries need to create 25 million new jobs over the next five years.
Read More »Saudi Arabia`s economic Renovation is still Dependent on Oil Prices
Middle Eastern oil exporters had to constrain government spending in recent years after crude prices slid in 2014.
Read More »Sinopec Plans to Cut Saudi Crude Oil Volumes for Second Month in June
Saudi prices set the trend for Iranian. Kuwaiti and Iraqi prices. affecting more than 12 million bpd of oil bound for Asia.
Read More »Exxon. Sabic form Joint Venture for Texas Petchem Complex
The companies announced the project in July 2016. and aim to make a final investment decision after all necessary permits are secured.
Read More »